Above Food Ingredients Stock Probability of Future Stock Price Finishing Over 0.0307
| ABVEW Stock | 0.02 0.0001 0.42% |
Above |
Above Food Target Price Odds to finish over 0.0307
The tendency of Above Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over 0.03 or more in 90 days |
| 0.02 | 90 days | 0.03 | about 1.35 |
Based on a normal probability distribution, the odds of Above Food to move over 0.03 or more in 90 days from now is about 1.35 (This Above Food Ingredients probability density function shows the probability of Above Stock to fall within a particular range of prices over 90 days) . Probability of Above Food Ingredients price to stay between its current price of 0.02 and 0.03 at the end of the 90-day period is about 20.04 .
Assuming the 90 days horizon Above Food has a beta of 0.34. This suggests as returns on the market go up, Above Food average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Above Food Ingredients will be expected to be much smaller as well. In addition to that Above Food Ingredients has an alpha of 2.7176, implying that it can generate a 2.72 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Above Food Price Density |
| Price |
Predictive Modules for Above Food
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Above Food Ingredients. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Above Food's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Above Food Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Above Food is not an exception. The market had few large corrections towards the Above Food's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Above Food Ingredients, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Above Food within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.72 | |
β | Beta against Dow Jones | 0.34 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.10 |
Above Food Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Above Food for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Above Food Ingredients can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Above Food is way too risky over 90 days horizon | |
| Above Food has some characteristics of a very speculative penny stock | |
| Above Food appears to be risky and price may revert if volatility continues | |
| Above Food has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 368.42 M. Net Loss for the year was (53.31 M) with profit before overhead, payroll, taxes, and interest of 0. |
Above Food Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Above Stock often depends not only on the future outlook of the current and potential Above Food's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Above Food's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.6 M | |
| Cash And Short Term Investments | 952.3 K |
Above Food Technical Analysis
Above Food's future price can be derived by breaking down and analyzing its technical indicators over time. Above Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Above Food Ingredients. In general, you should focus on analyzing Above Stock price patterns and their correlations with different microeconomic environments and drivers.
Above Food Predictive Forecast Models
Above Food's time-series forecasting models is one of many Above Food's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Above Food's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Above Food Ingredients
Checking the ongoing alerts about Above Food for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Above Food Ingredients help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Above Food is way too risky over 90 days horizon | |
| Above Food has some characteristics of a very speculative penny stock | |
| Above Food appears to be risky and price may revert if volatility continues | |
| Above Food has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 368.42 M. Net Loss for the year was (53.31 M) with profit before overhead, payroll, taxes, and interest of 0. |
Additional Tools for Above Stock Analysis
When running Above Food's price analysis, check to measure Above Food's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Above Food is operating at the current time. Most of Above Food's value examination focuses on studying past and present price action to predict the probability of Above Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Above Food's price. Additionally, you may evaluate how the addition of Above Food to your portfolios can decrease your overall portfolio volatility.